Home Feature Gov. Sanwo-Olu Reaffirms Support In Sanitizing the Real Estate Sector

Gov. Sanwo-Olu Reaffirms Support In Sanitizing the Real Estate Sector

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Naomi Gabriel —

Lagos State Governor, Babajide Sanwo-Olu has reaffirmed his administration’s commitment to synergize with members of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) to sanitize the industry for the benefit of the people and development of the economy and to unlock unlock more investment.

He further disclosed that his government has implemented reforms that would ease the process of property investment through the Lagos State Real Estate Regulatory Authority and the state’s task force on land matters.

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Sanwo-Olu spoke at the investiture of Mrs. Olabisi Demola-Alade as the 27th chairman of the Lagos branch of NIESV. Represented by the Commissioner for Housing, Moruf Akinderu-Fatai, he noted that government is open to ideas and initiatives that are targeted at improving the living standards of residents, adding the administration is ready to welcome all ideas aimed at developing the real estate and landed economy space.

The forum attracted permanent secretary, Lagos State Lands Bureau, Mr. Bode Agoro, president of NIESV, Emmanuel Wike, past assistant governor for rotary district 9110, Okechukwu Mojekwu, the Oniru of Iruland, Oba Omogbolahan Lawal, representative of Lagos State commissioner for physical planning and urban development, Dr. Idris Salako, past chairmen of NIESV Lagos branch and fellows of the institution.

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“It is worthy to note that through the activities of the institution, we have been able to secure and improve the technical knowledge entailed in landed economy valuation, appraisal of real estate, other fixtures and fittings that have been helpful and instrumental to the development of real estate, while also reducing the troubles residents face when it comes to property development and valuation”, he said.

He advised the new chairman to build on the goodwill and cooperation between the government and the institution to ensure that all practising professionals and investment firms are registered with the government to ensure uniformity in sanitising the sector.

The keynote speaker, Mojekwu encouraged estate surveyors and valuers to lead the synergy with other professionals in the built sector.

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